Because 3D printing needs pioneers.

Venture Capital Investments

Driving the future

Additive manufacturing (3D printing) is a crucial cornerstone of Industry 4.0. It promises to transform our production landscape fundamentally. What it needs are young, committed entrepreneurs who develop new technologies and promote them resolutely. Are you a young entrepreneur running a start-up or early-stage business in additive manufacturing? Are you convinced that your product, service, or application is highly relevant? Are you looking for an environment in which your company can develop successfully?

Then let us work together to find your individual way of driving the future of 3D printing. Together, we can revolutionize the future of manufacturing today.

The know-how partner of your choice

We want to be much more than just your financial partner. As the know-how partner of your choice, we use our financial resources, network and expert knowledge to guide and support you in the rapidly growing additive manufacturing industry. We earn your trust through distinct added value:

  • As industry pioneers, we have been spearheading the development of the market for 3D printing for over two decades, thus having a deep understanding of the technology. 
  • We have a very good sense for innovations and their potential for success because the members of our team are named as inventors in over 500 patents.
  • We know first-hand how to develop a company from a start-up into a global market leader and draw on our own experiences when standing by the side of young entrepreneurs – from start-up to exit.

We share your passion for pioneering technologies. Working together at eye level, we can contribute even more to the development of the technology segment of additive manufacturing, which will continue to change production processes sustainably.

Innovation – layer by layer

We support you in developing and successfully positioning your products, materials, software, and applications for the expanded market of additive manufacturing. 

What we expect:

  • Committed and motivated founders
  • Potentially scalable products, services or applications relevant to the market of additive manufacturing
  • A prototype, a first customer or successful 'proof of concept'.

What we offer:

  • Profound industry knowledge 
  • Technical expertise and tailored support
  • Support in the development of customers and markets
  • A significant network within the industry and research landscape.

We are happy to support you in taking your business to the next stage of development. Professional know-how, the necessary capital and a respectable network will help you to achieve your business goals.

Key Management Team

The Key Management Team boasts over 50 years of expertise in 3D printing and over 35 years of experience in the financial industry. United in the passion for innovative technologies, we will write your success story together.


Frank Carsten Herzog is the developer of the LaserCUSING© technology, i.e., powder bed-based laser melting of metals, and is listed as an inventor in 55 property right families and 483 individual property rights. He founded the german based company ‘Concept Laser GmbH’ together with his wife Kerstin, and the company evolved into one of the leaders in the AM industry. In 2016, GE acquired 75 % of the shares in Concept Laser.

As a driving force and main initiator of the Center of Next Generation Digital Technologies (Forschungs- und Anwendungszentrum für digitale Zukunftstechnologien, FADZ), Frank Carsten Herzog is committed to the promotion and establishment of the 3D printing technology in industry, trade, and society. Furthermore, he works as a consultant in various academic institutions and is involved in his family's own research & development center.

He studied mechanical engineering at Coburg University of Applied Sciences and graduated as Diplom-Ingenieur (FH) (graduate engineer).

Frank Carsten Herzog
Managing Partner

Kerstin Herzog studied mechanical engineering at Coburg University of Applied Sciences and played a key role in the development of the LaserCUSING® technology. As co-founder of Concept Laser GmbH, she was responsible for finances and human resources for 15 years. Her focus remained on these two fields even after GE's investment, and she worked together with GE to adapt the family business to the structures of a global corporation.

Today, Kerstin Herzog happily uses her experience and expertise to promote young entrepreneurs. 

She completed her studies with the title Diplom-Ingenieurin (FH) (graduate engineer).

Kerstin K. Herzog
Managing Partner

Alexander Bürhaus started his professional career with Deutsche Bank and later moved on to (Credit Suisse) First Boston in New York as an M&A Generalist. Based on this professional experience, he founded his own boutique company with a focus on cross-border M&A and MBOs. Alexander Bürhaus advised the Herzog family on their transaction with GE

and has since supported them in building their family office and business investments. 

Alexander Bürhaus holds an MBA from Harvard Business School.

Alexander F.L. Bürhaus
Chief Investment Officer

Dr. Florian Bechmann started his professional career at the BMW Group's Research & Innovation Center in Munich. In 2008, he joined Concept Laser as Head of Research & Development, where he was responsible for the development and expansion of the R&D department, which grew to over 100 developers under his leadership. Following GE’s investment, he worked as a Senior Manager in the GE Additive business unit and

was responsible for the development of product, technology and process systems in the field of laser-based 3D printing technology, as well as for the coordination of global research programs.

Dr. Florian Bechmann holds a PhD in engineering from the University of Bayreuth.

Dr. Florian Bechmann
Chief Technology Officer

Susanne Samwer joined the HZG Additive Manufacturing Tech Fund team in 2021 as Director Finance. She has extensive and long-standing experience in financing, investments and corporate transactions, as well as auditing. Her relevant knowledge in accounting and auditing is particularly noteworthy. She was able to expand her expertise both through her work in investment banking and in advising e-commerce enterprises.

Susanne Samwer completed her studies at Cologne University with the title of Diplom-Kauffrau (graduate degree in business administration), majoring in finance and auditing. She also passed the US Certified Public Accountant exam, CPA-inactive, in Vermont (USA).

Susanne Samwer
Director Finance

Florian Walter studied materials science at Friedrich-Alexander-University Erlangen-Nuremberg. He then worked in the Customer Experience Center of the world market leader for vibratory finishing technology for 10 years and took over its management in 2015. As part of his training as a specialist trainer with TÜV Rheinland-certified qualification, he was also able to expand his didactic skills.

He imparted his extensive knowledge in the field of post-treatment and surface finishing in a targeted manner in practice-oriented seminars at the in-house academy.

Florian Walter works as a development engineer at NADDCON GmbH, HZG Group's private research and development center.

In this function, he is available as a first contact person to young founders and start-ups and supports the technical evaluation of the underlying ideas from the field of additive manufacturing.

He completed his studies with the title of Diplom-Ingenieur (Univ.) (graduate engineer).

Florian Walter
Technology Scout / Design Engineer NADDCON GmbH

Regina Fischer has been assisting the Herzog family in all administrative and organizational matters since 2013. Initially, she worked as a Management Assistant at Concept Laser. In 2019, she moved to the Herzog family’s family office, HZG Group. Here, she supports the Key Management Team in their everyday workflow. Her responsibilities include commercial as well as administrative and scheduling tasks.

Among other things, she takes care of scheduling and process coordination and is the go-to contact for everything in the back office.

Regina Fischer
Office Managerin

Overview of our investments

Our network keeps growing and includes the finest minds and true visionaries full of innovative and sustainable ideas for tomorrow. We are proud to be part of these dynamic environment allowing us to actively shape the future.

View all


‘Zero gravity' 3D printing


Sales specialist for innovative AM technologies


VFGF process for XXXL parts


Pioneers in volumetric 3D printing


Excellent surface quality paired with high productivity


Design automation for sophisticated AM design processes


Additive manufacturing without support structures


We want to get to know you